Finance

QSA's Week in Finance (#8, 2025)

Anti-money laundering collaboration; PEI business funding; Canada's fiscal deficit widens; MP Carney's financial ties criticized; Saskatchewan investor alerts.

Start Date: 2025-02-22
End Date: 2025-02-28

Top Headlines

Main Stories

Enhanced Collaboration to Combat Money Laundering

The Government of Canada concluded a three-day meeting of over 1,400 anti-money laundering investigators and prosecutors. The gathering focused on the latest financial crime threats, including AI-enabled fraud and trade-based money laundering. Financial institutions and law enforcement agencies emphasized the importance of permissible information-sharing to combat organized crime and the illegal fentanyl trade. The meeting underscored Canada's strategic focus during its 2025 G7 Presidency on illicit finance threats.

Sources: Announcements: www.canada.ca

OSFI Briefs Senate on Banking Matters

The Office of the Superintendent of Financial Institutions (OSFI) presented a briefing package to the Senate Standing Committee on Banking, Commerce, and the Economy. The focus was on regulatory issues and banking sector resilience amid ongoing economic challenges. The session addressed the regulatory landscape impacting financial institutions.

Sources: Open Government Data Set: open.canada.ca

Financial Statistics for Canadian Enterprises

Canadian corporations reported a net income increase of $3.3 billion in the fourth quarter of 2024, driven by a 3.2% rise in the non-financial sector, despite a 0.7% decline in the financial sector.

Sources: Open Government Data Set: www.statcan.gc.ca

Liquidity Access for Canadian Businesses

New data from Statistics Canada outlines liquidity plans for businesses over the next three months, categorized by industry type and size, highlighting ongoing financial planning needs.

Sources: Open Government Data Set: open.canada.ca

Debt Financing Intentions

Statistics Canada released data on Canadian businesses' plans to apply for debt financing in the first quarter of 2025, providing insights into the financing landscape across different industry sectors.

Sources: Open Government Data Set: open.canada.ca

Debt Capacity of Canadian Businesses

Data reveals insights into the capacity of Canadian businesses to take on additional debt, segmented by industry classification and business size, for the first quarter of 2025.